LARGE PROJECT NON-RECOURSE CONSTRUCTION DEBT FINANCING
Loan Amount: $20MM - $250MM
Position: Senior Debt / Mezz
Senior Debt Rate: 4.5% - 6.5%
LTC: Up to 85%
Investment Type: Construction / Portfolio Acquisitions / Value Add
Property Types: Multifamily, Student Housing, Senior Housing, Medical Office Building
Loan Amount: $5MM - $120MM
Types Of Bonds: Tax-Exempt and Taxable
Rates: Tax Exempt: 5% - 5.5% Taxable: 7.5%
LTC: 75%
Term: 3 Years Interest Only then Amortization up to 35 Years
Reserve: 1 Year of Principal + Interest Payments
NON-RECOURSE BRIDGE LOAN PROGRAM:
Loan Amount: $1MM - $55MM
LTV: 75%
Term: 1 - 3 Years
Interest Only
Closing In As Little As 2 Weeks
All Real Estate Asset Types
NON RECOURSE MULTIFAMILY GROUND-UP DEVELOPMENT PROGRAM
Value-Add / Adaptive Reuse / Rehab / Repositioning (Acquisitions And Refinances)
Loan Amount: $5MM -$55MM
Ground-up Construction Loan Amount: $5MM - $35MM
Rate: Priced individually with interest rate based on 30 day Libor (floor) plus applicable spread
LTC: Varies from 70% - 85% based on asset types & loan parameters
Term: 1 – 3 year terms with extension options
Interest Only
Ground-up development/construction (multi-family & mixed-use assets only; no SFR) and also offer Pref Equity pieces on both ground-up development and existing assets (multi-family & mixed- use assets only). Finance can involve Federal and State Historic, New Market, & Low Income Tax Credits as well as PACE/CPACE.
Milford Real Estate Qualification Form
CLICK HERE FOR OUR APPLICATION
JUST CALL OR EMAIL TO GET PRE-APPROVED!
Telephone number is (541) 632-0670
Please visit our websites: www.commercialmortgagecap.com and www.usfinance.biz
Email: milford@commercialmortgagecap.com
© 2024 Created by Admin. Powered by
You need to be a member of Real Estate Finance to add comments!
Join Real Estate Finance